Behind the Controversial N2tr Fuel Subsidy

Who are the promoters of the companies that benefitted from this controversial fund? Why is it difficult for some to defend what they ‘earned’? This report gives an insight. Bovas and Company Limited, registered with the Corporate Affairs Commission (CAC) in 1980, with a share capital of N25 million did not state specifically that it would do the business of oil import.(View full text)